Motor-working Tools in Hungary | The Observatory of Economic Complexity

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Exports In 2022, Hungary exported $64.8M in Motor-working Tools, making it the 26th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 257th most exported product in Hungary. The main destination of Motor-working Tools exports from Hungary are: Belgium ($30.6M), United States ($7.27M), Germany ($4.04M), Mexico ($2.6M), and Austria ($2.32M).

The fastest growing export markets for Motor-working Tools of Hungary between 2021 and 2022 were United States ($3.11M), France ($853k), and Bulgaria ($827k).

Imports In 2022, Hungary imported $97.5M in Motor-working Tools, becoming the 27th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 249th most imported product in Hungary. Hungary imports Motor-working Tools primarily from: China ($30.1M), Germany ($15.1M), Sweden ($14.5M), Czechia ($7.4M), and Malaysia ($4.03M).

The fastest growing import markets in Motor-working Tools for Hungary between 2021 and 2022 were Malaysia ($830k), Chinese Taipei ($659k), and Belgium ($569k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Motor-working Tools from Hungary to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Motor-working Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$64.8M

IMPORTS (2022)$97.5M

NET TRADE (2022)-$32.7M

In 2022, Hungary exported $64.8M in Motor-working Tools. The main destinations of Hungary exports on Motor-working Tools were Belgium ($30.6M), United States ($7.27M), Germany ($4.04M), Mexico ($2.6M), and Austria ($2.32M).

In 2022, Hungary imported $97.5M in Motor-working Tools, mainly from China ($30.1M), Germany ($15.1M), Sweden ($14.5M), Czechia ($7.4M), and Malaysia ($4.03M).